US stock futures indicated a steep decline on June 23, amid a tech sell-off led by SK Hynix's production cuts. The Nasdaq fell over 1.3%, affecting global markets. Concerns over AI spending and potential interest rate hikes further weighed on investor sentiment.
US stock futures indicated a steep decline on June 23, driven by a deepening tech sell-off. Nasdaq and S&P 500 futures tumbled up to 3%, with Micron sliding 7%. Investor sentiment was further weighed down by SK Hynix's production cuts, concerns over AI spending, and potential…
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